Environmental Services Recapitalizations in 2026
Showing 1 transactions.
-
January 22, 2026
- Buyer
- Kinderhook Industries, Goldman Sachs Alternatives, Apollo S3
- Target
- Live Oak Environmental, CARDS Recycling
- Seller
- Certain Kinderhook limited partners
- Industry
- Environmental Services
- Location
- Texas, United States
- Type
- Recapitalization
Kinderhook Industries closed a $1 billion single-asset continuation vehicle transaction, forming Ecowaste Solutions by combining Live Oak Environmental and CARDS Recycling and securing more than $400 million of new equity from participating funds including Goldman Sachs Alternatives and Apollo S3. The new Dallas‑headquartered platform will operate collection and post‑collection waste services across nine Mid‑South states, serving over 400,000 customers and pursuing organic growth and additional acquisitions.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.